Neil Whitney
Insurance Requirements on Rentals
I have recently started talking with a CPA about my rental properties and he brought up a point that i had never heard of or considered in the past.
First let me start that I purchase the properties in my name and th...
John Nail
Creating a LLC, renting to myself
If I buy a duplex and live in one side, can I create an LLC to control and protect both sides?
Basically I want both rent payments to go to the LLC to pay off the mortgage faster. I figure if I have to rent an apart...
John Smith
Can a Property Be Judgement Proof?
Could something like this work to make a property judgement proof?Property owned by Ownership LLC is worth 100 k. Has a 100 k interest only mortgage to another LLC I own called Capital Holding LLC. Slip and fall happe...
Franko Shenault
Options for financing two multi unit from same seller??
Hi All!
Looking for help to purchase two (2)-unit multi family properties in Chicago. We would like to purchase both of them as a package under the same loan and not do two separate transactions. What are a few creat...
Account Closed
Work Done Without Permits - Risk & Options?
I have a question for all of you investment property veterans: We are currently under contract to buy our first investment property, a duplex built in 1895 with one unit on the 1st floor and one on the 2nd floor. The...
Account Closed
Dryer Vent Issue
I have been dealing with the HOA/management company for a property. I purchased a new washer/dryer back in October and have not been able to use it because the dryer vent needed to be cleaned for the machine to operat...
June F.
Advice needed from anyone who uses series llc
After talking to a lawyer, we are pretty sure we want to set up a Texas "series" llc to hold the rental properties and another LLC to manage the rental properties that we have but there are some issues that boggle my ...
Andrew Beshara
How many properties
What is your US tax compliance costs as a percentage of the NOI of your portfolio?
I ask because I figure that as a foreigner, investing in US property is not ideal from a cash flow perspective unless you're scaling ...
Malena Otero
Finance with LLC or conventional using my name?
Currently, my husband and I own a few investments houses and always looking for the next deal to buy and hold. Currently, I have a good paying W2 job and we have an LLC that we've used on one of our properties. I've...
Todd Alvarez
To keep as personal residence or place in my LLC?
Hello all! New to the site and this is my first post/question. I have a full time job and plan to keep that for the next 5-7 years to generate my investment capital. Got divorced a few years ago and ended up buy...